OLVERA GAS UNIT

Name: OLVERA GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PROTON ENERGY, L.L.C. (P-5 681505) in the FOUR SEVENS (8100 YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119361District 04Field 32374600NGPA filingCondensateGasSave Export

Value, all time

$1.2 M

Jan 1993 – Dec 2003

Value, last 12 filed months

$183 k

at the published price for each month

Months reported

132

no gaps in the span

Streams

condensate, gas

The FOUR SEVENS (8100 YEGUA) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 11 leases and 11 wells, and the rule below applies to all of them.

Discovered

1985-08-31

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1989-05-15.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECTIVE 11/1/94.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	10,410 bbl	$182,045
Gas	Production	920,743 Mcf	$1,024,626
Total			$1,206,671

623,714 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.5895, -98.2525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58947, -98.25253 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,210 ft

1 wells filed one

Completion to plug

11.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,210 ft.

Completions filed

Jan 2004

1 of 1 wells

Plug dates filed

Nov 2015

1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13136743	1	8,210 ft	Jan 2004	Nov 2015	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (132)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

132 months


Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	24	0	28.17	4.76	$676
Sep 2003	7	1,945	26.31	4.75	$9,422
Aug 2003	0	3,159	29.76	5.13	$16,205
Jul 2003	5	3,386	29.41	5.17	$17,656
Jun 2003	0	3,928	28.56	5.98	$23,501
May 2003	0	3,439	26.59	5.97	$20,540
Apr 2003	5	3,979	26.67	5.41	$21,649
Mar 2003	19	4,260	31.14	6.10	$26,561
Feb 2003	48	3,254	33.48	7.93	$27,398
Jan 2003	13	3,445	30.31	5.58	$19,624
Dec 2002	7	3,306	26.91	4.85	$16,235
Nov 2002	5	2,011	24.66	4.14	$8,443
Oct 2002	53	3,652	26.46	4.23	$16,847
Sep 2002	0	3,125	27.44	3.64	$11,360
Aug 2002	2	3,792	25.96	3.16	$12,050
Jul 2002	167	3,885	24.58	3.06	$16,000
Jun 2002	61	3,537	23.73	3.34	$13,255
May 2002	18	4,601	24.66	3.58	$16,934
Apr 2002	17	4,088	23.65	3.51	$14,760
Mar 2002	22	4,344	22.00	3.10	$13,962
Feb 2002	14	4,464	18.22	2.38	$10,860
Jan 2002	3	4,553	17.17	2.38	$10,868
Dec 2001	7	4,552	16.93	2.36	$10,881
Nov 2001	0	4,795	18.07	2.41	$11,534
Oct 2001	0	4,402	19.78	2.53	$11,132
Sep 2001	0	4,949	24.26	2.25	$11,142
Aug 2001	6	4,954	24.87	3.05	$15,275
Jul 2001	6	4,984	23.93	3.20	$16,078
Jun 2001	188	3,968	24.56	3.82	$19,792
May 2001	6	4,420	25.52	4.31	$19,191
Apr 2001	0	4,579	24.68	5.34	$24,430
Mar 2001	0	3,932	24.54	5.38	$21,140
Feb 2001	12	2,846	27.75	5.77	$16,746
Jan 2001	7	3,233	27.47	8.40	$27,345
Dec 2000	2	3,284	26.88	9.12	$30,012
Nov 2000	0	3,318	32.21	5.66	$18,773
Oct 2000	0	3,508	31.23	5.15	$18,050
Sep 2000	7	3,482	31.87	5.19	$18,282
Aug 2000	182	3,458	29.64	4.54	$21,096
Jul 2000	2	3,606	28.53	4.09	$14,805
Jun 2000	3	3,885	29.30	4.40	$17,171
May 2000	10	3,514	27.26	3.68	$13,203
Apr 2000	2	3,326	24.51	3.12	$10,413
Mar 2000	35	3,660	28.42	2.86	$11,461
Feb 2000	192	3,543	27.62	2.73	$14,963
Jan 2000	6	3,457	25.27	2.48	$8,727
Dec 1999	2	4,158	24.28	2.42	$10,126
Nov 1999	0	4,107	23.19	2.43	$9,996
Oct 1999	36	4,146	20.98	2.80	$12,379
Sep 1999	186	4,624	21.75	2.62	$16,155
Aug 1999	29	4,800	19.26	2.88	$14,361
Jul 1999	31	4,698	17.89	2.37	$11,700
Jun 1999	11	4,344	15.94	2.36	$10,436
May 1999	21	4,213	15.79	2.32	$10,110
Apr 1999	1	2,573	15.10	2.21	$5,696
Mar 1999	19	2,023	12.47	1.84	$3,956
Feb 1999	0	1,569	9.98	1.82	$2,852
Jan 1999	180	2,126	10.38	1.90	$5,908
Dec 1998	0	2,036	9.20	1.77	$3,610
Nov 1998	16	2,115	10.89	2.19	$4,797
Oct 1998	17	2,146	12.42	1.97	$4,437
Sep 1998	0	2,314	12.59	2.08	$4,819
Aug 1998	0	3,164	11.30	1.91	$6,035
Jul 1998	29	3,142	11.74	2.24	$7,370
Jun 1998	0	1,742	11.24	2.24	$3,897
May 1998	182	1,923	12.62	2.21	$6,540
Apr 1998	9	4,598	13.04	2.51	$11,637
Mar 1998	0	159	12.80	2.31	$367
Feb 1998	26	122	13.95	2.30	$643
Jan 1998	0	3,544	14.70	2.15	$7,637
Dec 1997	195	1,324	16.32	2.41	$6,375
Nov 1997	0	4,597	18.19	3.09	$14,197
Oct 1997	0	1,634	19.25	3.15	$5,147
Sep 1997	0	4,861	17.74	2.95	$14,364
Aug 1997	0	5,350	17.86	2.55	$13,668
Jul 1997	189	4,554	17.58	2.25	$13,555
Jun 1997	0	3,521	17.24	2.26	$7,948
May 1997	0	4,370	18.97	2.31	$10,088
Apr 1997	0	5,517	17.88	2.08	$11,491
Mar 1997	198	6,851	18.95	1.94	$17,037
Feb 1997	1	6,215	20.49	2.21	$13,730
Jan 1997	0	8,041	23.48	3.54	$28,463
Dec 1996	197	8,969	23.32	—	$4,594
Nov 1996	0	9,373	21.97	—	$0
Oct 1996	0	9,720	23.31	—	$0
Sep 1996	186	8,346	22.22	—	$4,133
Aug 1996	187	9,419	20.26	—	$3,789
Jul 1996	2	9,674	19.55	—	$39
Jun 1996	0	8,962	18.73	—	$0
May 1996	177	9,533	19.43	—	$3,439
Apr 1996	0	10,157	21.51	—	$0
Mar 1996	174	9,841	19.38	—	$3,372
Feb 1996	0	10,529	16.98	—	$0
Jan 1996	180	10,958	17.07	—	$3,073
Dec 1995	197	12,178	17.19	—	$3,386
Nov 1995	0	11,005	16.00	—	$0
Oct 1995	183	10,062	15.43	—	$2,824
Sep 1995	0	11,828	16.18	—	$0
Aug 1995	0	10,755	15.92	—	$0
Jul 1995	180	5,543	15.24	—	$2,743
Jun 1995	195	11,390	16.41	—	$3,200
May 1995	193	11,191	17.56	—	$3,389
Apr 1995	1	11,620	17.73	—	$18
Mar 1995	197	12,059	16.44	—	$3,239
Feb 1995	189	11,338	16.58	—	$3,134
Jan 1995	181	12,603	15.92	—	$2,882
Dec 1994	186	12,330	15.03	—	$2,796
Nov 1994	183	12,400	15.90	—	$2,910
Oct 1994	0	10,427	15.58	—	$0
Sep 1994	357	9,279	15.29	—	$5,459
Aug 1994	0	8,993	16.13	—	$0
Jul 1994	168	8,542	17.56	—	$2,950
Jun 1994	191	13,895	17.09	—	$3,264
May 1994	177	16,909	15.88	—	$2,811
Apr 1994	183	17,298	14.14	—	$2,588
Mar 1994	187	19,429	12.46	—	$2,330
Feb 1994	379	17,696	12.50	—	$4,738
Jan 1994	314	17,514	12.66	—	$3,975
Dec 1993	0	18,464	12.33	—	$0
Nov 1993	365	20,622	14.49	—	$5,289
Oct 1993	534	22,006	15.85	—	$8,464
Sep 1993	0	21,272	15.03	—	$0
Aug 1993	388	23,142	15.66	—	$6,076
Jul 1993	348	22,408	15.46	—	$5,380
Jun 1993	366	23,012	16.79	—	$6,145
May 1993	367	16,718	17.68	—	$6,489
Apr 1993	0	11,045	18.05	—	$0
Mar 1993	0	9,744	18.14	—	$0
Feb 1993	359	9,703	17.90	—	$6,426
Jan 1993	198	13,813	16.93	—	$3,352

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Oct 2003 — as filed, then multipliedworked

Condensate            24 bbl  × $ 28.17 =       $676
Gas                    0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                     $676

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/119361 is the state's own key, not one this site invented.